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My $1200 Weight-Loss Gamble (Fines For Staying Fat)

By February 27, 2008

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The Goal: Starting on March 1st, I must lose at least one percentage point in body fat, month-over-month, for the next four months. My body fat percentage is currently in the ballpark of 21%.

Why: After spending a year ill I was diagnosed with celiac disease. Changing my diet improved my health and my appetitite. I have a lot of friends and family who felt bad for my situation and kept buying me candy in order to make me feel happier. The candy worked, but it's making it so that I can't fit in my clothes; I have been gaining 2-3 lbs a month, with no signs of slowing down. This needs to stop.

Penalty for failure: Each month where I do not have at least one percentage point in body fat less than the previous month, I will pay a fine of $300 (USD) through the website stickK.com.

Where will the money go?: As I mentioned yesterday, I am letting the economics blogging community decide where my failure money will go. I chose 12 blogs each to determine where $100 of my failure money should go. Ten have agreed to participate:

March Failure Money

April Failure Money

May Failure Money

June Failure Money

Updated to Add: Thanks to two helpful suggestions, I have the full 12 sites.

On Friday I will reveal the choices the various bloggers have made as to where the failure money should go. Marginal Revolution and Greg Mankiw have already revealed their choices.

Comments

February 27, 2008 at 4:13 pm
(1) Fabio Rojas says:

We’ll gladly channel your money to a notable charity! Check out orgtheory.net – the social science and management blog.

April 6, 2008 at 9:40 pm
(2) tf says:

What happened in March?

April 30, 2008 at 1:28 am
(3) K. Leong says:

Obesity has become such a prevalent issue nowadays that its a testament to the advancement in medical science that the mortality rate in the developed countries are not much higher.

I believe most people fail in losing weight because they fall for the hyped up diets and gimmicks. There are effective programs out there that will work. However, do not expect instant results. Permanent weight loss can only be gained through a gradual change in nutritional intake habits.

June 25, 2008 at 2:05 pm
(4) G Coker says:

By eliminating gluten along with the candy from your diet, you can lose the extra pounds. Avoid food products that contain or are cooked with wheat, rye, oats and barley. Not only will your friends and family notice your physical changes, you will also feel the difference.

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